Fidus Investment Corporation (FDUS)
| Market Cap | 694.57M |
| Revenue (ttm) | 145.01M |
| Net Income (ttm) | 87.13M |
| Shares Out | 33.91M |
| EPS (ttm) | 2.78 |
| PE Ratio | 7.37 |
| Forward PE | 9.61 |
| Dividend | $1.85 (9.03%) |
| Ex-Dividend Date | Dec 17, 2024 |
| Volume | 327,642 |
| Open | 20.18 |
| Previous Close | 20.28 |
| Day's Range | 20.15 - 20.63 |
| 52-Week Range | 18.41 - 21.68 |
| Beta | 1.45 |
| Analysts | Hold |
| Price Target | 22.00 (+7.42%) |
| Earnings Date | Oct 31, 2024 |
About FDUS
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund ... [Read more]
Financial Performance
In 2023, Fidus Investment's revenue was $130.11 million, an increase of 38.21% compared to the previous year's $94.14 million. Earnings were $77.13 million, an increase of 115.32%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for FDUS stock is "Hold" and the 12-month stock price forecast is $22.0.
News
Fidus Investment: Who's Buying This 8.4% Yielding BDC?
Fidus Investment offers an attractive 8.4% forward yield with supplemental dividends, making it a solid choice for income-focused investors despite lacking upside catalysts. The BDC's portfolio value ...
5 BDCs With High Dividend Resistance To Falling Interest Rates
The financial outlook for many BDCs is not promising. Already lower base rates will continue to depress results in Q4 reports. The trajectory for SOFR is not great either.
Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding
Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsu...
Main Street Vs. Fidus Investment: Both Are Top Class, One Is At Better Price
Main Street Capital and Fidus Investment have been my top BDC picks since late 2023. So far, both have outperformed the index, which might raise the question of potential overvaluation. I compare FDUS...
Fidus Investment: A Solid Q3 With An Efficient Income Profile
We provide a Q3 update of the business development company Fidus Investment. Fidus Investment trades at a 12.2% dividend yield and shows consistent outperformance at a modest valuation. Q3 adjusted ne...
Investing In BDCs For 10%+ Yields? This Is What Matters Now
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would s...
My 9.5% Income Portfolio CEFs And Classic Cars
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten year...
BDC Weekly Review: Tax-Loss Season Is Approaching
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPV...
Fidus Investment: A High-Yield BDC With Dividend Coverage And Growth
Fidus Investment offers a compelling investment with a high dividend yield of 8.6%, comfortably covered by net investment income and strong liquidity. The company's net asset value has shown substanti...
Fidus Investment: Near 9% Yield Should Be Sustainable (Upgrade)
Fidus Investment Corporation is a well-managed BDC with a First Lien-centric portfolio, covering its dividends with net investment income. The BDC pays special dividends quarterly, enhancing total ret...
Let's Examine The Safety Of Fidus Investment Dividends
Fidus Investment is a business development company, which tends to be sensitive to changes in the interest rate environment. FDUS portfolio is well-diversified and oriented around mostly debt investme...
Fidus Investment (FDUS) Q3 2024 Earnings Call Transcript
Fidus Investment (NASDAQ:FDUS) Q3 2024 Earnings Conference Call November 1, 2024 9:00 AM ET Company Participants Jody Burfening - Investor Relations Ed Ross - Chairman & Chief Executive Officer Shelb...
Fidus Investment Corporation Announces Third Quarter 2024 Financial Results
Board of Directors Declared Total Dividends of $0.61 per Share for Fourth Quarter 2024 Base Dividend of $0.43 and Supplemental Dividend of $0.18 Per Share EVANSTON, Ill., Oct. 31, 2024 (GLOBE NEWSWIRE...
Fidus Investment Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call
EVANSTON, Ill., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ: FDUS) (“Fidus” or the “Company”) today announced that it will report its third quarter 2024 financial results on...
My 9.5% Income Portfolio-Fifty Shades Of Blue
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus o...
9%-Yielding Fidus Investment: 133% Dividend Coverage And Low Leverage
Fidus Investment offers a well-covered 8.8% regular dividend yield (13% TTM yield), special dividends, and a disciplined focus on the lower middle market, making it an attractive high-yielding investm...
Invest In All Weather BDC Dividend Portfolio
The All Weather Portfolio concept introduced by Ray Dalio aims for stable returns through largely uncorrelated investment exposures. In this article, I have tried to apply the essence of such a constr...
A Game Plan For BDC Investors Before The Earnings Season
Major BDCs are soon about to report their Q3, 2024 earnings. The current sector-wide challenges do not send encouraging signals. The Management team of SAR, which is one the BDCs that report 10-Q earl...
2 High-Income Picks That Match Peter Lynch Criteria
Peter Lynch's investment strategy focuses on undervalued, high-quality stocks with growth potential, exemplified by his introduction of the PEG ratio. I present one BDC and one equity REIT that match ...
Fidus Investment: Is Mr Market Sleeping On This ~13% Yield?
Fidus Investment is well-prepared for upcoming market volatility with a defensive portfolio and a higher proportion of fixed-rate debt investments. FDUS's dividend coverage is solid, with potential fo...
Gauging Distribution Winners And Losers In The Next Rate Cycle
The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as val...
Fidus Investment: 12% Yield, Solid Coverage, Low NAV Premium
Fidus Investment easily covered its base dividend with adjusted net investment income in Q2, ensuring sustainability even amid recession fears. The BDC focuses on First Lien debt, offering a compellin...
My 9.5% Income Portfolio-The View From The Top
Total Return is a percentage measure reflecting the total performance of a fund, incorporating both capital gains and the effect of dividends reinvested over a specific period. Net Asset Value is the ...
3 Pillars To Minimize BDC Dividend Cut Risk In Your Portfolio
It is very likely that for most BDCs, the earnings have peaked and the direction of travel is unfavorable. There are both structural and transitory headwinds that put a pressure on earnings, rendering...
2 High Yield BDCs With One Of The Lowest Debt Profiles
The outlook for BDCs is not that bright, especially for those names that have chosen risk-seeking strategies. The headwinds include lower interest rates, increased corporate distress, and inactive M&A...